Brazil’s retail sales shrank 1.3 percent from a month earlier in September of 2021 from an upwardly revised 4.3 percent decrease in the previous month, missing market expectations of a 0.6 percent drop. Trade declined for six of the eight categories, as downward pressure came from office, computer, and communication equipment (-3.6 percent), furniture and electronics (-3.5 percent), and fuels and lubricants (-2.6 percent). Further decreases were seen in articles of domestic and personal use (-2.2 percent), supermarket and hypermarket products (-1.5 percent), and clothing and textiles (-1.1 percent). Meanwhile, trade rose for pharmaceutical, medical, and orthopedic articles; perfumery and cosmetics (0.1 percent) and remained unchanged for books, newspapers, and magazines. On a yearly basis, retail sales declined 5.5 percent, surpassing market expectations of a 4.3 percent decrease. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Retail Sales MoM in Brazil averaged 0.28 percent from 2000 until 2021, reaching an all time high of 10.70 percent in May of 2020 and a record low of -18.40 percent in April of 2020. This page provides - Brazil Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.
Retail Sales MoM in Brazil is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Retail Sales MoM is projected to trend around 1.10 percent in 2022, according to our econometric models.